Antero Resources sets sights on IPO to bring reserves to surface

摘要

Paul Rady and Glen Warren plan to take public their Marcellus- and Utica-focused Antero Resources Corp. in a fund-raiser that is estimated to bring in some $1 billion. Proceeds would go toward paying $436 million of bank debt and further surfacing the company's roughly 26.1 trillion cubic feet equivalent (Tcfe) of gas, gas-liquids and oil reserves.